by the Public Authority for Civil Aviation to establish Oman’s first low-cost carrier.
The venture is anticipated to fuel economic growth underpinned by strong air traffic demand which is to grow 40 percent by 2019.
Khalid bin Hilal Al Yahmadi, CEO, ASAAS, commented, "The national budget airline will provide access to economical and efficient means of transport and further advance the aviation sector in Oman.
It will naturally complement our diverse projects that will soon come on stream, [...] to maximise impact and generate sustainable returns.
The constant growth of the aviation sector in the region is what drove us to explore the sector and create value for Oman."